BHARAT FINANCIAL INCLUSION LIMITED
Recruitment Policy
1.0 Purpose
Ensures the selection of people is purely on merit and follows the process of identifying
and recruiting manpower in a systematic, fair and uniform manner.
2.0 Scope
All BFIL Staff
3.0 Features
3.0.1 Man Power Planning
[Link] Every department of the organization will develop the plan for its human
resource requirement as a part of their Annual Business Plan.
[Link] The process of Annual Business Plan followed in the organization is as under:
Goal Setting at the organizational level April
Department Level Planning April to Mid- May
Consolidation of the plan and feedback Second half of May
Revision and finalization by departments First half of June
Presentation to Board and Plan Approval July
[Link] These projections for manpower requirements will be approved before
the start of a financial year and will determine the positions at the
Head Office and at the field level.
[Link] Recruitment will be done on the proposal of the Department Head to
HR Department, whenever a vacancy arises due to resignation/
retirement of an employee or in case of new position, justified and
approved by the CEO/COO in the business plan as and when the
position might be arise.
Recruitment Policy
BHARAT Financial Inclusion Ltd., 3rd Floor, My Home Tycoon, Block – A 6-3-1196, Kundanbagh,
Begumpet, Hyderabad 500016, India, Phone - +91 40 4452 6000, [Link]
BHARAT FINANCIAL INCLUSION LIMITED
[Link] The Organization Chart would also indicate (in case of management staff)
the entry and exit grade levels for each job.
[Link] A written justification for recruitment in each case must be sent to the
HR Department for filing up the vacancies both for existing jobs and
for new positions.
[Link] HR in turn will keep the CEO informed of the proposed recruitments.
3.0.2 Recruitment Policy
[Link] The policy is based on the belief that those working with BFIL at an
Executive level or above require:
A positive attitude towards working in rural areas
Openness to learn.
Orientation towards high achievement
Empathy towards poor
Respect towards women
Professional training in a technical field such as
agriculture, animal husbandry, engineering,
management, accounting, banking, computers and social
work.
3.0.3 Recruitment Sources
Internal sourcing.
Campuses/ Educational Institutions
Word-of-mouth
Advertisements in the media
3.0.4 Selection Process
[Link] Applications are processed as and when received.
[Link] Applicants whose profiles match the job requirement are asked to attend a
written examination/ personal interview depending on the position.
Recruitment Policy
BHARAT Financial Inclusion Ltd., 3rd Floor, My Home Tycoon, Block – A 6-3-1196, Kundanbagh,
Begumpet, Hyderabad 500016, India, Phone - +91 40 4452 6000, [Link]
BHARAT FINANCIAL INCLUSION LIMITED
[Link] Applicants who are selected in the written examination are asked to spend
a day at the field.
[Link] On completion of the field visit, the applicant prepares a report of his
observations and submits to Operations and HR.
[Link] Feedback about the applicant from the Branch Manager of the field,
subordinates, as the case may be, is also considered.
[Link] At the final interview, the applicant’s aptitudes and interests are assessed
to identify compatibility to the various jobs in the organization.
[Link] At the final interview, the following parameters are evaluated:
Motivation
Clarity of thought
Communication
Grasp of subject matter
Attitude towards rural people /woman
Their zeal to work in rural areas
Mental alertness
[Link] If found suitable, the applicant goes through a familiarization of the job
process before the final interview.
[Link] Familiarization gives the applicant and the team at BFIL an opportunity to
assess the mutual suitability.
[Link] On selection, the applicant is offered appointment, typically with a 3-
month training and probation period.
[Link] Confirmation of services is based on the written feedback from the Head
of the department.
3.0.5 Joining Formalities
Recruitment Policy
BHARAT Financial Inclusion Ltd., 3rd Floor, My Home Tycoon, Block – A 6-3-1196, Kundanbagh,
Begumpet, Hyderabad 500016, India, Phone - +91 40 4452 6000, [Link]
BHARAT FINANCIAL INCLUSION LIMITED
[Link] The process of joining commences on receiving the duplicate of letter of
appointment, duly signed by the individual, indicating the tentative
date of his/her joining.
[Link] The individual has to report to the HR for joining formalities.
[Link] On the date of joining, the individual has to fill in the following forms:
o Personal Data Form
o Joining Report
o Declaration Form
o Bank Account opening form
[Link] The new employee is required to submit the following documents to the
HR Department:
o One photocopy of educational certificates
o 6 passport size photographs
o One photocopy of proof of age
o Certificate of last salary drawn from previous employer,
if any.
o Relieving letter from previous employer, if any.
o Driving license
o Proof of Permanent address
o Indemnity bond
[Link] It is the responsibility of every employee to inform his/her department
Head and HR immediately, of any changes in his/her residential
address and telephone number.
[Link] The employee is then required to attend to the earliest orientation
program, details of which will be stated in the offer letter.
[Link] The employee will receive the following at the time of joining:
Job Description
Leave Application
Travel Expenses Form
Form for filling out employee details for ID card
Recruitment Policy
BHARAT Financial Inclusion Ltd., 3rd Floor, My Home Tycoon, Block – A 6-3-1196, Kundanbagh,
Begumpet, Hyderabad 500016, India, Phone - +91 40 4452 6000, [Link]
BHARAT FINANCIAL INCLUSION LIMITED
Note - No two relatives* should be recruited/ deployed in the same Branch office. In cases where
two relatives are recruited for the same department they must be deployed in separate Branch
offices.
1. In cases where two relatives are already working in the same
branch/ area office whether in same/ different department,
they must be deployed at different location
2. In all existing cases where two relatives are working in the same
department or same branch office there should not be any
reporting relationship in between the two once they have been
deployed in separate branch offices.
3. In all existing cases where two relatives are working in the same
department or same Regional/Head office there should not be
any reporting relationship in between the two
*Definition of ‘relatives’ is:
Father/ Mother/ Sister/ Brother/ Husband/ Wife/Son/Daughter
Recruitment Policy
BHARAT Financial Inclusion Ltd., 3rd Floor, My Home Tycoon, Block – A 6-3-1196, Kundanbagh,
Begumpet, Hyderabad 500016, India, Phone - +91 40 4452 6000, [Link]
